Pre Session: Sensex, Nifty seen opening flat on mixed global cues
20/04/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Indian equities are poised to open flat with negative bias on Thursday amid sustained selling by foreign portfolio investors, tracking mixed cues from fellow Asian peers after Wall Street ended lower in overnight trade as falling commodity prices, especially oil, spooked traders to limit their exposure to risky assets. Muted trend in the SGX Nifty Index Futures for April delivery, which were trading at 9,131.00, down by 4.50 points or 0.05 per cent, at 10:44 AM Singapore time, also signaled a flat opening for local bourses. Foreign institutional investors (FIIs), which were largely buyers of Indian equities, started trimming their exposure to Indian equities on concerns over the health of the global economy. In lack of any major trigger on domestic or global front, market will see stock-specific movement based on the fourth quarter earnings report. Investors will react to fourth quarter earnings report of YES Bank after private sector lender reported a 30.2 per cent growth in profit after tax (PAT) to Rs 914.1 crore for the quarter ended March 31, 2017, compared to Rs 702.10 crore in the corresponding quarter of last year. On the corporate front, Crisil, Mindtree, Mastek and Hindustan Zinc, will release their financial results for the quarter ended March 31, 2017 today. Among others, Nestle, MCX, Berger Paints, Bajaj Finserv, Fortis Healthcare, MRPL, NBCC and 9 others stocks will remain focus after the National Stock Exchange announced to add them to the futures and options segment with effect from April 28.
On Wednesday, the Indian equities ended flat in choppy trade as caution prevailed in the market ahead of corporate results, especially banks, tracking weak cues from fellow Asian peers. Financial stocks emerged as the top losers on the BSE index, with SBI falling as much as 2.05 per cent, while ICICI Bank slipped 0.72 per cent. Outperforming the benchmark index, the broader markets ended higher, with MidCap and SmallCap indices rising between 0.66-0.76 per cent. The BSE SENSEX closed at 29336.57, up by 17.47 points or by 0.06 per cent, while the NSE Nifty ended at 9103.5, down by 1.65 points or by 0.02 per cent.
Top traded Volumes on NSE Nifty were State Bank of India 18149995.00, Power Grid Corporation of India Ltd. 16368313.00, ICICI Bank Ltd. 13808705.00, Hindalco Industries Ltd. 10062015.00, Tata Steel Ltd. 9427124.00.
On NSE, total number of shares traded was 121.48 Crore and total turnover stood at Rs. 24069.13 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 187417 with a total turnover of Rs. 14287.56 Crore. Along with this total number of contracts traded in stock futures were 648440 with a total turnover of Rs. 50681.75 Crore. Total numbers of contracts for index options were 5149020 with a total turnover of Rs. 412134.22 Crore and total numbers of contracts for stock options were 544467 with a total turnover of Rs. 43635.82 Crore.
As on April 19, 2017, the FIIs stood as net buyer in debt segment, but turned net seller in equity. Gross equity purchased stood at Rs. 3509.28 Crore and gross debt purchased stood at Rs. 833.72 Crore, while the gross equity sold stood at Rs. 4321.43 Crore and gross debt sold stood at Rs. 580.48 Crore. Therefore, the net investment of equity and debt reported were Rs. -812.15 Crore and Rs. 253.24.
20/04/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Indian equities are poised to open flat with negative bias on Thursday amid sustained selling by foreign portfolio investors, tracking mixed cues from fellow Asian peers after Wall Street ended lower in overnight trade as falling commodity prices, especially oil, spooked traders to limit their exposure to risky assets. Muted trend in the SGX Nifty Index Futures for April delivery, which were trading at 9,131.00, down by 4.50 points or 0.05 per cent, at 10:44 AM Singapore time, also signaled a flat opening for local bourses. Foreign institutional investors (FIIs), which were largely buyers of Indian equities, started trimming their exposure to Indian equities on concerns over the health of the global economy. In lack of any major trigger on domestic or global front, market will see stock-specific movement based on the fourth quarter earnings report. Investors will react to fourth quarter earnings report of YES Bank after private sector lender reported a 30.2 per cent growth in profit after tax (PAT) to Rs 914.1 crore for the quarter ended March 31, 2017, compared to Rs 702.10 crore in the corresponding quarter of last year. On the corporate front, Crisil, Mindtree, Mastek and Hindustan Zinc, will release their financial results for the quarter ended March 31, 2017 today. Among others, Nestle, MCX, Berger Paints, Bajaj Finserv, Fortis Healthcare, MRPL, NBCC and 9 others stocks will remain focus after the National Stock Exchange announced to add them to the futures and options segment with effect from April 28.
On Wednesday, the Indian equities ended flat in choppy trade as caution prevailed in the market ahead of corporate results, especially banks, tracking weak cues from fellow Asian peers. Financial stocks emerged as the top losers on the BSE index, with SBI falling as much as 2.05 per cent, while ICICI Bank slipped 0.72 per cent. Outperforming the benchmark index, the broader markets ended higher, with MidCap and SmallCap indices rising between 0.66-0.76 per cent. The BSE SENSEX closed at 29336.57, up by 17.47 points or by 0.06 per cent, while the NSE Nifty ended at 9103.5, down by 1.65 points or by 0.02 per cent.
Top traded Volumes on NSE Nifty were State Bank of India 18149995.00, Power Grid Corporation of India Ltd. 16368313.00, ICICI Bank Ltd. 13808705.00, Hindalco Industries Ltd. 10062015.00, Tata Steel Ltd. 9427124.00.
On NSE, total number of shares traded was 121.48 Crore and total turnover stood at Rs. 24069.13 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 187417 with a total turnover of Rs. 14287.56 Crore. Along with this total number of contracts traded in stock futures were 648440 with a total turnover of Rs. 50681.75 Crore. Total numbers of contracts for index options were 5149020 with a total turnover of Rs. 412134.22 Crore and total numbers of contracts for stock options were 544467 with a total turnover of Rs. 43635.82 Crore.
As on April 19, 2017, the FIIs stood as net buyer in debt segment, but turned net seller in equity. Gross equity purchased stood at Rs. 3509.28 Crore and gross debt purchased stood at Rs. 833.72 Crore, while the gross equity sold stood at Rs. 4321.43 Crore and gross debt sold stood at Rs. 580.48 Crore. Therefore, the net investment of equity and debt reported were Rs. -812.15 Crore and Rs. 253.24.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
